Recent Analysts’ Ratings Changes for iA Financial (IAG)

iA Financial (TSE: IAG) recently received a number of ratings updates from brokerages and research firms:

• 2/20/2025 – iA Financial had its price target raised by analysts at Royal Bank of Canada from C$137.00 to C$141.00. They now have a “sector perform” rating on the stock.
• 2/20/2025 – iA Financial had its price target raised by analysts at CIBC from C$144.00 to C$149.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – iA Financial had its price target raised by analysts at BMO Capital Markets from C$140.00 to C$150.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – iA Financial had its price target raised by analysts at Desjardins from C$140.00 to C$145.00. They now have a “hold” rating on the stock.
• 2/19/2025 – iA Financial had its price target raised by analysts at TD Securities from C$143.00 to C$146.00. They now have a “buy” rating on the stock.
• 2/3/2025 – iA Financial was downgraded by analysts at Scotiabank from a “strong-buy” rating to a “hold” rating.
• 1/30/2025 – iA Financial had its price target raised by analysts at CIBC from C$143.00 to C$144.00.

iA Financial Stock Up 0.2 %

Shares of IAG traded up C$0.23 during midday trading on Tuesday, hitting C$133.14. The company had a trading volume of 340,763 shares, compared to its average volume of 227,650. The stock has a market cap of C$12.49 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 1.26 and a beta of 1.13. The company’s 50 day moving average price is C$131.61 and its 200 day moving average price is C$120.59. iA Financial Co. Inc. has a 52 week low of C$80.95 and a 52 week high of C$141.88.

iA Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.70%. iA Financial’s payout ratio is currently 31.25%.

Insiders Place Their Bets

In other news, Senior Officer Alain Bergeron sold 2,750 shares of iA Financial stock in a transaction that occurred on Thursday, November 28th. The stock was sold at an average price of C$134.00, for a total transaction of C$368,500.00. Following the sale, the insider now owns 500 shares of the company’s stock, valued at approximately C$67,000. The trade was a 84.62 % decrease in their ownership of the stock. Also, Director Denis Ricard sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$137.00, for a total value of C$685,000.00. Insiders have sold a total of 11,010 shares of company stock valued at $1,489,142 in the last quarter. Insiders own 0.09% of the company’s stock.

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.